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1. Parties: Identification of the Landlord and Tenant, including their complete legal names, addresses, and contact information
2. Background: Details of the original lease agreement including date of execution, property description, and current rental terms
3. Definitions: Key terms used in the agreement including 'Termination Date', 'Property', 'Original Lease', and 'Security Deposit'
4. Termination Agreement: Mutual agreement to terminate the lease, specifying the exact termination date and acknowledging this is a voluntary termination by both parties
5. Property Inspection: Requirements and process for final property inspection, including condition assessment and documentation
6. Financial Settlement: Details of final rent payment, security deposit return, and settlement of any outstanding utilities or charges
7. Handover Requirements: Specific requirements for returning keys, access cards, and property restoration obligations
8. Release of Obligations: Mutual release of future obligations under the original lease, subject to completion of termination requirements
9. Governing Law: Confirmation that the agreement is governed by Philippine law
10. Execution: Signature blocks for all parties and witnesses
1. Holdover Provisions: Include when there's a possibility of delayed vacancy, specifying penalties and obligations if the tenant doesn't vacate by the termination date
2. Forwarding Address: Include for residential leases to ensure proper return of security deposit and future communications
3. Confidentiality: Include for commercial leases where termination terms should remain private
4. Tax Declarations: Include when there are specific tax implications that need to be acknowledged
5. Dispute Resolution: Include when parties want to specify mediation or arbitration processes for any post-termination disputes
6. Return of Fixtures: Include for commercial leases where tenant improvements or fixtures need to be addressed
7. Assignment and Subleasing Termination: Include if there are existing subleases or assignments that need to be terminated
1. Schedule A - Property Inspection Checklist: Detailed checklist for final property inspection and condition assessment
2. Schedule B - Financial Settlement Statement: Itemized statement of all financial settlements including rent, deposits, and any deductions
3. Schedule C - Inventory of Returned Items: List of all items being returned (keys, access cards, equipment, etc.)
4. Schedule D - Original Lease Agreement: Copy of the original lease agreement being terminated
5. Schedule E - Photographic Evidence: Photos documenting the property's condition at termination
6. Schedule F - Utility Readings: Final utility meter readings and settlement calculations
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Warehousing and Storage
Manufacturing
Professional Services
Legal
Real Estate
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Administration
Compliance
Property Management
Asset Management
Corporate Services
Risk Management
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Real Estate Director
Operations Manager
Administrative Manager
Compliance Officer
Real Estate Agent
Leasing Manager
Property Administrator
Asset Manager
Building Manager
Real Estate Lawyer
Tenant Relations Manager
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